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The German ZEW Indicator of Economic Sentiment Stands at Minus 17.2 Points

From zew.de

After the economic expectations plummeted in March, they continue to fall in April. At minus 17.2 points, they are minus 16.7 points below the previous month’s reading. The assessment of the current economic situation declines as well, with the situation indicator for Germany hitting minus 73.7 points, which means it is minus 10.8 points below the reading of the previous month. “Economic expectations are slipping into negative territory. The economic consequences of the Iran war for the German economy go far beyond price increases: Businesses are concerned about long-term shortages of energy supply, and this ... (full story)

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